Mirror image, Vijayawada land rates are touching sky!!!! The land prices in Vijayawada are souring day by day, they have overtaken even the prices of New York because of land brokers.
Before bifurcation, land deals like buying and selling were done by the two parties directly. But after bifurcation small realtors have become land brokers and get themselves involved in land deals.
The land brokers quote a good and reasonable price per acre land to the landowner and reach agreement with him, without paying the amount. Each acre is about 20 crore in the prime area. The broker demanding huge amounts to the same land which cause mount pressure on the buyer through leaders to buy. In this many brokers are making huge profits every deal without any investment.
